President Bola Ahmed Tinubu has announced that 21 shared Micro, Small and Medium Enterprises (MSME) facilities established by his administration across 19 states and the Federal Capital Territory (FCT) are currently supporting businesses and an estimated 650,000 jobs nationwide. This disclosure was made in a post on his verified X handle on Monday. The facilities are part of the National MSME Clinics under the Renewed Hope Agenda, aimed at promoting the growth of small businesses.
The 21 shared facilities allow small business owners to use industrial-grade equipment on a shared basis, reducing the capital barrier that previously prevented many from scaling production. This initiative helps entrepreneurs in sectors such as tailoring, food processing, fashion, and digital services to expand output, cut costs, and create more employment opportunities. By providing access to modern equipment, reliable power, and production facilities, micro-entrepreneurs can grow their businesses without bearing the full cost of acquiring such infrastructure alone.
According to President Tinubu, Nigerians do not lack ideas, skill, or ambition, but often lack access to the tools and infrastructure needed to turn them into successful businesses. He emphasized that the administration's role is to remove these barriers, enabling small businesses to produce more, at lower costs, and become more competitive. This, in turn, leads to business growth, increased employment, and the creation of income and opportunities for Nigerian families.
The President highlighted the significance of the initiative, stating that giving Nigerian enterprises the tools to succeed is how prosperity is built from the ground up. He noted that when small businesses can produce more and at lower costs, they become more competitive, grow, employ more people, and create opportunities for Nigerian families. This approach is central to the administration's vision for building a prosperous Nigeria.
The 21 shared facilities form a key pillar of the Expanded National MSME Clinics programme. Vice President Kashim Shettima has inaugurated several of these facilities in different states, including garment and fashion hubs, ICT centers, and shared production spaces. These hubs were established in partnership with state governments as part of the MSMEs' clinics series, providing affordable access to high-speed internet, modern machinery, and collaborative workspaces.
In June 2026, while speaking at the 8th National MSME Awards in Abuja, Vice President Shettima announced that the administration had institutionalized 21 state-of-the-art Shared Infrastructure Facilities. He noted that these hubs support the creation of about 650,000 jobs and provide entrepreneurs with the necessary tools and infrastructure to succeed. This initiative is a significant step towards promoting entrepreneurship and job creation in Nigeria.
The establishment of the 21 shared MSME facilities demonstrates the administration's commitment to supporting small businesses and promoting economic growth. By providing access to modern equipment, reliable power, and production facilities, the initiative is expected to continue supporting businesses and creating jobs across the country. The President's emphasis on removing barriers to entrepreneurship and providing the necessary tools for success underscores the administration's focus on building a prosperous Nigeria from the ground up.
Key points
- 650,000 jobs supported nationwide
- 21 shared MSME facilities established across 19 states and the FCT
- Initiative aims to promote entrepreneurship and job creation in Nigeria
